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20121201
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CNBC 17
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English 86
Search Results 0 to 49 of about 86 (some duplicates have been removed)
ABC
Dec 13, 2012 5:30pm PST
fire from political opponents in washington today said enough. susan rice, the ambassador to the u.n., so embattled over the tragedy in benghazi, said she will not go through a bruising nomination fight to succeed hillary clinton as secretary of state. so, what happened behind closed doors? why now? and whom will the president pick to represent america on the world stage? abc's senior white house correspondent jake tapper has all the details right now. jake? >> reporter: good evening, diane. well, ambassador susan rice withdrew her name from consideration to be secretary of state after weeks of bruising political battles and a cacophony of criticism. in a letter to the president today, u.s. ambassador to the united nations susan rice wrote, "the position of secretary of state should never be politicized. i am saddened that we have reached this point even before you have decided whom to nominate." and she shared the news on nbc. >> i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many th
NBC
Dec 22, 2012 6:30pm EST
>>> thon saturday night hitting home. ten days to washington dragging the country off the fiscal cliff and lawmakers have headed out of dodge. will it be too late when they get back from christmas break? what will it mean for your family? >>> guns in schools after the nra's defiant announcement. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> the question is, are armed guards the way to keep kids safe? at least one school district is already arming the teachers. >>> holiday rush. the mad dash at the mall just three days to go. plus planes, trains, and automobiles. millions of americans hit the road. where will there be a white christmas? in their honor. signs of the season from coast to coast paying tribute to some genuine american heroes. >>> good evening. those post christmas credit card bills may not be the only shock to the wallet come the new year. with just ten days left to act to avoid a plunge over the fiscal cliff, the president and congress have left washington for the holidays leaving the clock ticking down to an across-the-board tax incr
CNBC
Dec 28, 2012 4:00pm EST
of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the mar
MSNBC
Dec 26, 2012 4:00pm PST
in a barrel. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let's start with this. president obama and his republican opponents are about to go over niagra falls in a barrel, but nobody knows for shush how bad it's going to be. will the economy smash on the rocks below? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you name it. they put it all together. and if they blow it, who's going
CNBC
Dec 27, 2012 1:00pm EST
now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with demo
CNBC
Dec 27, 2012 4:00pm EST
said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he coul
MSNBC
Dec 26, 2012 6:00pm PST
for the next hour. rachel has the night off but we have big news out of washington, where nothing is happening. the house is not in session, and as of this moment has no plans to be in session for the end of the year. nothing is stirring, not even harry reid. yes, i'm still in the christmas spirit. the president meanwhile is in hawaii and won't be returning until tomorrow. now, normally nothing happening would not be big news in washington. nothing happening is kind of the status quo in washington. getting nothing done is to our political system as saying great is to tony the tiger. it's just kind of what we do now. right now, this week, nothing happening is huge news. the reason is that usually when washington doesn't do anything nothing happens. you do nothing, nothing happens. that's how it goes. in fact that's why people call it doing nothing. after you do it, nothing occurs. if washington doesn't do something, a lot happens. all the bush tax cuts expire, the payroll tax cuts expire. doctors participating in medicare, see their reimbursements cut by more than 25%. good luck getting a docto
MSNBC
Dec 10, 2012 3:00am PST
. >> that's true. >> yes. >> scarborough, commanding george washington. >> washingtonesque. >> tall. >> yes. >> dignity. >> same, 6'4", same thing, yeah. >> so clearly, it's mika brzezinski. >> really? >> when i left, they're still clapping. >> really? >> renaissance woman. >> is it the alcohol? >> i think it's more of the slaves, actually. >> the what? >> nothing. i didn't say anything. >> gotcha. >> you missed that. >> i did. >> the you're the jeffersonian. >> the art of power. the art of navigating power. >> with that, let's go to the most jeffersonian figure for the news. >> all right. we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying tha
CNBC
Dec 11, 2012 12:00pm EST
coverage "mission critical: rise above dc." we are in washington holding lawmakers' feet to the fire on the fiscal cliff. it had been quite a busy morning. here's what we now know. we're expecting house speaker boehner to give us an update on the fiscal cliff negotiations at any minute. in have been sberp rating the previous silence from the administration and speaker's office as a good sign real progress was being made. from what we have heard from our guests so far this morning there's a general sense of optimism a deal will be reached. perhaps not in a forum that's widely expected. that optimism seemingly reflected in the markets. we are up more than 100 point ossen the dow. >> i'm maria bartiromo along with brian sullivan. representative patrick mchenry, republican from north carolina. good to have you on the program. thanks for joining us. let's talk about where we are. what would you say? where are we in terms of a deal? >> not as bad as last week and not as bad as the week before. not really in a great position to get things done. the president's more interested in campaigning
CNBC
Dec 28, 2012 7:00pm EST
back to us. >> yeah. thank you. >>> there is some action in washington tonight. at this hour the senate has just passed a $60 billion aid bill for communities slammed by super storm sandy. that vote was 61 for, 33 against. sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard anything in the last couple of hours that suggests to you that somehow by monday mitch mcconnell and harry reid will sing kumbaya, pass something in the senate that also passes the house? >> i'm not so sure they'll be sing kumbaya, but the real story today is that there's movement on capitol hill. reid and mcconnell come out of that white house meeting and they're ready to haggle over s
CNN
Dec 10, 2012 12:00pm EST
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ABC
Dec 21, 2012 5:30pm PST
in oregon, and shutting down rail service in parts of washington state after 11 landslides in three days. the weather this weekend is a whole lot quieter, so good news, aside from the storm in the west. next question, who gets a white christmas? look at this map. the rockies, the plains, where we had the blizzard, plenty of cold to keep the snow there and northeast and new england could see a little fresh white, at least in some parts. cynthia? >> thank you, ginger. >>> we move on to a somber anniversary. at 9:30 this morning, the nation observed a moment of silence to mark one week since the tragedy in newtown, connecticut. church bells rang out, one for each victim and two more for the shooter and his mother. >>> in washington, the president marked the moment, bowing his head in the oval office. within hours, another kind of silence was broken with the powerful national rifle association's defiant new message. here's abc's senior justice correspondent, pierre thomas. >> the nra has blood on its hands! shame on the nra! >> reporter: the nra leader had barely begun when protesters blamed
MSNBC
Dec 6, 2012 4:00pm PST
matthews in washington. let me start tonight with this. when a party loses an election, the knives come out. right now we're watching the night of the long knives on the right. these stories breaking tonight. right wing senator jim demint, the man behind too many failed right wing senate challengers, christine "i'm not a witch" o'donnell, richard mourdock announced today he's quitting the senate to run the hard right heritage foundation. meanwhile, in the republican house a purge is under way with speaker boehner dumping uncontrollable right wingers from prize committee assignments. they're out because they're too right. so what is too right for the republicans following the defeat this week or their defeat last month? is voting nay in the senate against a handicap rights treaty because it carries the nightmare dread of blue helmets riding black helicopters sweeping into your home school room. is that okay? what's out? what's in in the republican party that just took a licking? bob shrum is a democratic strategist and columnist at the daily beast, and john brabender ran rick santorum's pres
ABC
Dec 29, 2012 6:30pm EST
the latest trap, where it's heading. abc meteorologist ginger zee is standing by. >>> on the edge. washington taking america right up to the fiscal cliff. three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit. paying a brice because of that standoff. >>> crash landing. the jet that skidded off the runway nearly smashing into a crowded highway. >>> and back in the game. football coach's battle off the field inspired a major turnaround on it. and tonight, he's about to return. >> you're like -- >> tomorrow, a team's prayer answered. >>> good evening. it's great to have you with us here on a saturday night. we do begin here, with yet another holiday storm. the one-two punch this year, and tonight, on a weekend when so many are still traveling, a challenge out there. here's the radar this evening. rain and snow. tonight, it's moving through the ohio valley right into the northeast, from washington up through philly, new york and boston. this is just one of the many scenes on the highways tonight. this is i-83 outside of harrisburg. wh
FOX News
Dec 12, 2012 7:00pm PST
, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we want to come back next year and do the right thing, as far as the comprehensive tax scprmpl really solving this and promoting economic growth and
CNBC
Dec 28, 2012 9:00am EST
to go up. but we only run the house. democrats continue to run washington. >> call me a hopeless optimist, but i actually still think we can get it done. >> eamon javers live in washington. eamon, fascinating to look at that tape in retrospect. >> i think a lot of people in washington think the make-or-break deal making sessions have already happened here. and one republican senator i talked to this morning said there are very low expectations now for this meeting at the white house today. and boy, how times have changed, carl. just watching that tape that you just ran. one of the things that i'll be watching for when i'm standing on the white house north lawn this afternoon is whether or not these four congressional leaders come out as they did back in november and talk to the press after the meeting. we've had a lot of meetings at the white house where people have left very quickly, gotten into a suv and driven off the complex without talking to reporters. if they come out to those microphones after this meeting and come out together, i think that will be a hopeful sign that pe
FOX News
Dec 27, 2012 7:00pm PST
. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and harry reid and nancy pelosi. i hope it actually is t
ABC
Dec 5, 2012 5:30pm PST
means no skiing. yet. this resort in washington state has had to wait. >> impatiently. to get our show on the road here. >> reporter: less snow helped make it even warmer this past week. almost 700 record high temperatures have been set in the past five days. all of that will contribute to 2012 likely becoming the warmest on record in the lower 48. while one week or one season can not tell a climate story, a longer range report card was released by noaa today. the subject? the arctic, where records were broken this year. in 2012, there was less snow -- and more sea ice melting -- than they've ever measured before. satellites started measuring arctic ice in 1979. since then, half has disappeared. and just this year, 4.5 million square miles melted away, an area the size of the u.s. and mexico, combined. >> melting on the green land ice sheet is a big concern, because that moving water that's curr t currently thawed in the ice, moving it into the ocean, if that continues, that's going to have an impact on people that live in coastal regions. >> reporter: sea levels rising in vulnerable
ABC
Dec 22, 2012 5:30pm PST
two beasts coming east. tell us what we're in store for. >> that's right. places like washington, d.c., which only has snow about 1 in 12 chance on christmas day. have a closer chance. i have to show this first storm. the last time they had snow on christmas is 2002. it's been ten years, they deserve a little. it's going to come up monday into tuesday. this is storm one. i think this is going to affect travel. especially those short trips from grandma's house, from new england and as this moves off-shore that would with storm one and problem one. but this is the bigger one, it drops out of the rockies on monday. oklahoma could see see snow on christmas. places like arkansas could have a white christmas. and look at the thunderstorms, it's much like last week, severe weather is possible. then this thing moves just like a checkmark, right up to the mid-atlantic, to wednesday and thursday, when a lot of folks are heading home, it looks like we could be seeing some travel troubles. >> ginger zee, the only person i know who gets this excited about storms. ginger, appreciate it. >>> if yo
ABC
Dec 29, 2012 5:30pm PST
, from washington up through philly, new york and boston. this is just one of the many scenes on american highways tonight. this is i-83 outside of harrisburg. where several cars collided in the snow. several people were taken to the the hospital. already this evening the flight cancellations are growing, more than 450 and counting. at this hour, triggering a ripple effect as people travel for new year's. so, we begin tonight with abc meteorologist ginger zee. ginger, good evening. >> good evening, david. blustery here. more snow just west of us. 2 or 6 inches of snow, that's on top where they already saw record numbers this week. as millions of us return from family gatherings, or take off for new festivities, another snowstorm is thwarting our trek. in king of prussia, they were sliding through intersections. on a fresh few inches. near harrisburg, pennsylvania, two tractor-trailers crashed. shutting down interstate 83. slowing traffic to a crawl. thanks to the snowing mess, the speed limit on about 300 miles of the pennsylvania turnpike was shaved to 45 miles per hour. hundreds of flig
CBS
Dec 8, 2012 6:00pm PST
supplies and regime allies like iran says andrew tabler of the washington institute of near wa east policy. >> as the country's longest runways, from that location that jets from iran land, the isrrying a lot of sophisticated weapons, so knocking that location out, taking it over and holding it, will allow the rebels to begin their push towards damascus without having the threat of resupply from the iranians. f reporter: that makes it far fo valuable for forces loyal to syrian president bashar al-assad to give up without a fight. the battle for damascus and its ortport might prove to be the bloodiest in more than 20 months of syria's brutal civil war. charlie d'agata, cbs news, london. >> dubois: former south african president nelson mandela has emen admitted to a pretoria hospital for tests. an official statement says there is "no cause for alarm." wndela celebrated his 94th birthday this past july with a cbs news crew given rare access to the party. north korea signaled today it may postpone a controversial test launch of its new long- range rocket previously scheduled to take place as e
MSNBC
Dec 6, 2012 3:00am PST
. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we saw him on the streets of d.c. yesterday, and he was very cagey. >> the mean streets of d.c. >> yes. he was so cagey. >> he was. >> yes. yes. >> you can't ever ask those guys what they're doing, wherever they are. where you going? with who? a meeting. >> auditioning for a gang is what i'm doing. >> right. >> yes, exactly. lots of luck with that one. >> should we get to the news? >> fantastic. boy, there's some stories here, unbelievable. >> in the least. >> you talk about libya. i tell you what, you've got assad about to cross that red line. he's going to see russia leaving quick. i think you'll see even troops going in there if he starts using chemical weapons against his own people. about to cross the line. egypt, morsi in trouble. the biggest revolt since mubarak was pushed out of power. "the new york times" also has another fascinating story. john boehner gained strong backing of the house gop. they actually say that the speaker's more powerful today than he has been since he became speaker two years ago. >>
ABC
Dec 28, 2012 6:30pm EST
washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and at last. ♪ at last the american greats me lost this year. ♪ moon river the lasting gifts and the laughs they leave behind. >> everything you do, do it cool. stand back. >>> good evening on this friday night. diane is spending this holiday weekend with her family. we begin with the 11th hour high stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, asanger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life h
ABC
Dec 22, 2012 6:00pm EST
coming east. >> the beast is coming east. two beast coming east. >> places like washington, d.c., which has snow 1 in 12 chance on christmas day. the last time they had snow on christmas is 2002. it's going to come up monday into tuesday. this is storm one. i think this is going to affect travel. from new england as this moves off-shore that would with storm one and problem one. but this is the bigger one, it drops out of the rockies on monday. oklahoma could see see snow on christmas. places like arkansas could have a white christmas. severe weather is possible. then it moves like a check mark, right up to the mid-atlantic, to wednesday and thursday when a lot of folks are heading home. >> ginger zee, the only person i know who gets this excited about storms. >>> if you weren't traveling today, odds were you were shopping. today could be the biggest shopping day of the year and abc's john schriffen tells us there are benefits to waiting until the last minute. >> reporter: if you still haven't finished checking off your holiday shopping list, you're not alone. according to consumer repo
ABC
Dec 27, 2012 6:30pm EST
cities in the northeast from washington to boston will be affected. most likely a couple of inches of snow. because i don't think the storm will really explode until it is well off the coast. but if it intensifies more quickly, those amounts could be higher. we have to watch that very carefully. >> we know you'll be watching it. harvey leonard, thank you. >>> we're going to turn to the other part of the country cleaning up after this massive system. nearly three dozen reported twisters and now the aftermath. and a new portrait tonight of what it was like when those tornadoes barrelled through. here's abc's matt gutman tonight. >> reporter: this surveillance video from a walgreens here in mobile showing the very guts of a tornado. the wind first blasts around debris. the lightning flashes, blinding. then the darkening funnel, dense with debris, beginning sucking in cars, lifting them up, slamming them down. inside, those perhaps doing some christmas shopping, at first curious. this man in uniform poking his head outside. a woman peering around a cash register. a man wheeling his car
CNBC
Dec 27, 2012 7:00pm EST
report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know t
MSNBC
Dec 11, 2012 6:00pm PST
rights and union rights and economic rights side by side, marching into washington, d.c. that is how it was. when americans push for fair treatment at work, win or lose, they move as a group because they have to. their power is all in the numbers. it is a power of many working often against the power of money, or the power of entrenched incumbency. this is a power that belongs almost exclusively to unions, solidarity. and unions interpret that broadly. they see them working with the working class. so they spend their time and their money and their manpower pushing for much more than pro union legislation. unions push for better access to health care for their members and for all 000 who aren't their members. better social security and medicare and child labor laws. unions push for equal pay for women in the workplace for their members, and again, for the women who are not their members. when states try to make it harder to vote, unions push back, and they sometimes win. just ask ohio republicans who thought they could cut the time for early voting in half until this truck rolled up.
FOX News
Dec 28, 2012 7:00pm PST
. >> greta: shouldn't the american people be absolutely fuhr russ with washington. the president says for the past couple of months i have been working with leaders of both parties to try and forge an agreement. we want a product. shouldn't the american people demand a product? not just everyone having the meetings and the president saying he is modestly opt miss fick. we have no product and we are 74 hours away from the deadline that everybody has known about for 18 months. >> we have known about it for two years actually and building towards this point. greta, we litigated and costed out every solution that is there. we know the impacts of all of those and just lack the political courage to go ahead and implement. so the president never laid out a plan. i do think that something will happen oher the next few days relative to the revenue piece and hopefully we can rescue most americans from a tax increase but what we haven't dealt with again is the spending component. and so again we will go through this for another two and a half months. our economy will not be what it should be. am
MSNBC
Dec 6, 2012 5:00pm PST
robinson, msnbc political analyst and associate editor and pulitzer prize winning columnist for "washington post" but most of all i can title them both as two distinguished gentlemen from south carolina. gentlemen, good to have you with us tonight. congressman, you first. is the congress -- >> thank you so much. >> is the congress better or worse off with a guy like jim demint? >> well, i wouldn't put it that way, ed. i think that jim is a very principled guy. i never agreed with a single one of his principles, but he's a very principled guy. he is doing what he thinks he needs to do in order to further his cause. he has had some real serious problems with his relationships in the senate. i think all of us who practice politics know that if you're going to be successful in any legislative body, you have to develop relationships with people and people have to feel comfortable knowing that you are going to be a certain place at a certain time. i don't think that anybody in the senate ever felt comfortable where jim demint was on any of the issues, and he had a lot of strained relationships wi
CNBC
Dec 10, 2012 1:00pm EST
are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly thereafter. we have smart strategies and individual stock picks for you this hour. >> that's right. well also take a look at another side of google that you very rarely hear about. the internet giant stashing billions in tax shelters to avoid paying taxes. is that fair play or outrageous corporate behavior? especially in this climate. well talk about that. but first, markets are generally higher. dow jones industrial average up 29 points on the day. nasdaq is up 7. and s&p 500 up about 1 1/2. >> they've been that way about the last ten days or two weeks or s
ABC
Dec 28, 2012 5:30pm PST
. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a smaller fallback plan to keep at least some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and a
ABC
Dec 30, 2012 5:30pm PST
on this sunday night, great to have you with us. we begin with the developing story from washington. those 11th hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3,400. as congress convened, even the senate chaplain praying to avoid what the president first called "self-inflicted wounds." let's bring in jon karl. he's been at his post every step of the way. the source has told you the vice president has been called in on this. >> reporter: that's right. i'm told the vice president is now playing a direct role in these negotiations, trying to get to a deal, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night, imploring congressional leaders to take action immediately. >> the american people are not going to have any patience for a politicall
CBS
Dec 9, 2012 6:00pm PST
pizzey, cbs news, cairo. >> glor: back in washington president obama and house speaker john boehner did meet at the white house this afternoon for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the kabuki theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> glor: meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universally speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> glor: you can see the full jeffrey immelt interview first thing tomorrow on cbs "this morning." >> big business is together in wantin
MSNBC
Dec 13, 2012 7:00pm PST
in washington are nearing critical mass. >> here we are at the 11th hour. >> 18 days. >> the republicans sent a letter. >> we made a reasonable offer. >> it is this issue spending. >> let's all take a deep breath. >> voters trust the president to handle negotiation. >> are we back to square one? >> here we are again. >> the president is not serious about cutting spending. >> it doesn't make seps. >> but to give a tax cut to the wealthiest people. >> i have no idea. >> we have clarity on that. >> today after un ambassador susan rice withdraw her bid for secretary of state. john kerry got lesser to becoming secretary of state. >> tonight there were two people on the list two minus one is one. >> in other words, senator john kerry is virtually certain to be nominated secretary of state. here is senator kerry tonight. >> and i'm going to continue to do my work. >> senator kerry's statement red are in part as someone who was weathered my share of political attacks and understands how difficult politics can be. >> i know that she will continue to serve with great distinction and passion. >> today i
NBC
Dec 5, 2012 6:30pm EST
foreign affairs correspondent, andrea mitchell, is in washington. here we go again, the american public not anxious to hear about any u.s. military involvement anywhere else on the planet, using terms like weapons of mass destruction, chemical weapons, what do we do? now you have the criminal weapons going back over a decade, but the stock pile explains why the president and hillary clinton warned bashar al-assad forcefully this week not to use the weapons. a warning that secretary clinton repeated at nato again today. >> our concerns that are increasingly desperate assad regime might turn to chemical weapons. or might lose control of them to one of the many groups that are now operating within syria. >> reporter: now officials say they believe that those warnings did work so far. they are concerned, though, about the rising influential extremist groups. so the state department is preparing to decision nature one group because of the close ties to al-qaeda in iraq. still, secretary clinton announced they will take a big step, recognizing the main opposition group as the sole legitimate
FOX News
Dec 29, 2012 3:00am PST
cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge boys have been on this show many times on "fox & friends." >> good morning, everyone. >> dave: good morning. juliet huddy celebrating an early new year's eve. is it new year's eve? >> juliet: sparkly shoes and everything. i feel like we are waking up at 4:00 in the morning on saturday i better be festive. >> clayton: that's what woke me up this morning. >> juliet: this is a beautiful set it has inspired me. >> dave: it's spectacular. >> juliet: it is. >> dave: it's fiscal cliff time. couple of days away. rare i wake up and say i'm moderately optimistic but that's what the president said. you are either optimistic or you are not. the president said he is modestly optimistic a
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